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Fri Oct-28-05 09:14 AM
Response to Reply #8 |
13. at a time when emerging markets are up 50% ytd, i'd call ours "stagnant" |
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the s&p is up, what, 2% ytd?
yes, the country as a whole is not technically in a recession; we're just restructuring our economy to focus more on things like profiteering from high energy prices, war, fake security and government giveaways.
so, while the economy is technically growing slowly, we're neglecting our infrastructure, legitimate security, long term research, education, etc.
in other words, we've sold out our future to avoid a technical recession today.
yippee. glad most of my puny savings are overseas....
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